The Demand Function for a Pack of Four Never Die

question 171

Multiple Choice

The demand function for a pack of four Never Die Batteries is Qd = (62 million) - (8 million × P) . If the company charged a price of $5 per package, how many packages will be demanded?

• A)102 million
• B)54 million
• C)8 million
• D)22 million

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Definitions:

Ligands

Molecules or ions that bind to a central metal atom to form coordination compounds, affecting the properties and behaviors of that metal.

Glycoproteins

Molecules consisting of a protein bonded to sugar chains, essential in cell recognition, immunity, and cell signaling.

Receptors

Proteins located on the cell surface or within cells that bind specific molecules (ligands), triggering a biological response.

Cyclic Adenosine Monophosphate

A second messenger important in many biological processes, derived from ATP and used for intracellular signal transduction.